European shares hit one-week low, mining stocks slip

jueves 11 de septiembre de 2014 11:45 GYT

* FTSEurofirst 300 falls 0.4 pct, hits 1-week low

* Miners down following China economic data

* Standard Life, RBS rally after latest opinion poll

By Atul Prakash

LONDON, Sept 11 (Reuters) - European shares slipped to a one-week low on Thursday after a report showed U.S. jobless claims rose last week, with mining stocks slipping amid concern about China's economic growth.

The STOXX Europe 600 Basic Resources index fell 0.5 percent on data showing China's consumer inflation slowed more than expected in August, suggesting the economy is losing momentum.

The FTSEurofirst 300 index was down 0.4 percent to 1,380.62 points by 1503 GMT. It had fallen as low as 1,377.49 after data showed the number of Americans filing new claims for unemployment benefits unexpectedly rose last week.

Investors are trying to gauge the strength of the U.S. economy before the Federal Reserve meets next week, looking for clues on the timing of the first U.S. interest-rate increase in more than eight years.

"The numbers are slightly disappointing and the market reaction suggests that investors are little nervous ahead of the Federal Reserve's next meeting," said Keith Bowman, equity analyst at Hargreaves Lansdown.   Continuación...